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Poland shares lower at close of trade; WIG30 down 0.19%

Published 17/10/2016, 17:10
Updated 17/10/2016, 17:10
Poland shares lower at close of trade; WIG30 down 0.19%

Investing.com – Poland equities were lower at the close on Monday, as losses in the Basic Materials, Oil & Gas and Telecoms sectors propelled shares lower.

At the close in Warsaw, the WIG30 declined 0.19%.

The biggest gainers of the session on the WIG30 were Powszechny Zaklad Ubezpieczen SA (WA:PZU), which rose 2.37% or 0.59 points to trade at 25.51 at the close. Jastrzebska Spotka Weglowa SA (WA:JSW) added 2.24% or 1.51 points to end at 69.01 and Lubelski Wegiel Bogdanka SA (WA:LWBP) was up 1.67% or 1.05 points to 64.05 in late trade.

Biggest losers included KGHM Polska Miedz SA (WA:KGH), which lost 3.28% or 2.30 points to trade at 67.84 in late trade. mBank (WA:MBK) declined 3.18% or 10.90 points to end at 332.10 and OrangePL (WA:OPL) shed 2.58% or 0.15 points to 5.67.

Declining stocks outnumbered rising ones by 293 to 236 and 176 ended unchanged on the Warsaw Stock Exchange.

In commodities trading, Crude oil for November delivery was down 1.29% or 0.65 to $49.70 a barrel. Meanwhile, Brent oil for delivery in December fell 1.17% or 0.61 to hit $51.34 a barrel, while the December Gold contract rose 0.06% or 0.75 to trade at $1256.25 a troy ounce.

EUR/PLN was up 0.20% to 4.3222, while USD/PLN fell 0.01% to 3.9303.

The US Dollar Index was down 0.19% at 97.89.

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